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Thursday, November 2, 2023

Middle Arm Transforms into Clean Energy, Economic Growth Hub | Mirage News

The Territory Labor Government’s vision for Middle Arm as a vibrant hub of cleaner energy, investments, and job creation is one step closer.

Tivan Limited and Larrakia Energy have entered an agreement to supply up to 30 MW of renewable energy from 2026 to support Tivan’s planned Vanadium Electrolyte Facility, the largest of its kind in Australia.

The partnership between Tivan Limited and Larrakia Energy is a major step towards the Northern Territory’s goal of becoming a leader in low-emissions energy and critical minerals processing.

The Middle Arm Sustainable Development Precinct is poised to become a catalyst for clean energy innovation and economic growth, with these initiatives representing a major leap towards a more sustainable future.

Tivan’s planned large-scale Vanadium Electrolyte Facility at Middle Arm aligns with the vision of creating a renewable value chain for long-duration energy storage in Northern Australia.

Larrakia Development Corporation, an Aboriginal organisation representing the Larrakia people, and Larrakia Energy, majority-owned by Larrakia Development Corporation, are pivotal partners in advancing sustainable development in the region.

Larrakia Energy’s joint venture, along with Australian and international partners, for a 300 MW solar farm near Middle Arm demonstrates their dedication to providing renewable energy to the precinct.

Quotes attributable to Minister for Industry, Nicole Manison:

“The Northern Territory Government congratulates Tivan Limited and Larrakia Energy for their commitment to building a cleaner, more prosperous, and sustainable future at Middle Arm.

“We look forward to the positive impact of this collaboration, as it drives economic growth, job opportunities, and sustainable energy solutions.

“This puts Darwin on the map when it comes to the critical minerals and renewable technologies needed for the energy transition.”

Quotes attributable to Minister for Territory Development, Eva Lawler:

“We welcome this partnership between Tivan Limited and Larrakia Energy as it solidifies the renewable energy value chain in the Northern Territory.

“This creates jobs for Territorians, in an inclusive way, that will see benefits across the entire Territory.

“The Middle Arm Sustainable Development Precinct will be a global leader in the energy transition and is strategically important not just to Australia but our whole region.”

Northern Territory Government

/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here ↗.

James Mackreides
James Mackreides
'Mac' is a short tempered former helicopter pilot , now a writer based in Sofia, Bulgaria. Loves dogs, the outdoors and staying far away from the ocean.

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